Luanda — The minister of State for Social and Economic Development, Manuel Nunes Júnior, said on Tuesday that Angola has invested a lot in the development of human capital to increase productivity of the companies and its capacity of innovation.
The official said so, while in the presence of the Portuguese Prime Minister, António Costa, addressed the opening of a business forum jointly run by the Agency for Private Investment of Angola (AIPEX) and Portuguese agency AICEP.
On the occasion, the Angolan official underlined the efforts aimed at turning more competitive the local companies so as to compete with other African firms and from the rest of the world.
To him, Angola does not want an impoverishing growth model, which turns the country into the poorest link of the international creation of value.
According to Manuel Nunes Júnior this impoverishment could only be avoided if Angola opens itself for the world through a structural competiveness in varied sectors that would imply betting in the differentiation and quality of its products, which subsequently implicates the existence of suitable levels of knowledge and of qualification of the human resources.
He also deemed important the fact that Angolan businesspeople establish strategic partnership with foreigners with knowhow and high technology, so as to quickly have access to best that the world can offer in terms of entrepreneurship and technology.
However, he added that after almost nine months of execution of the economic stabilization programme, the inflation rate has reduced and the difference between the informal and official market exchange rate has recorded a remarkable drop from 150% to 19%.
As regards to the improvement of the business environment in Angola, the official stressed that a new private investment law was approved for this end and for the first time in the country a law on competition was also approved to prevent unpleasant situations of abuse of power and to promote and defend competition.
The minister underscored that it is of interest of Angola to build up a fair, equal and developed society, in which the hunger and misery could be eradicated, politically and socially stable based in the human development and justice in the distribution of the national income.
However, the official considered important the approval of the Strategic Cooperation programme between Angola and Portugal, which is in line with priorities of the government in the sectors the European country owns acknowledged business and institutional competences.
